Ciber Bankruptcy Objection Filed
Multiple parties – including SkillSoft Corporation; ACE American Insurance Company, Illinois Union Insurance Company, Westchester Surplus Lines Insurance Company, Federal Insurance Company and Great...
View ArticleGrandparents.com Bankruptcy APA Amended
Grand Card filed with the U.S. Bankruptcy Court a first amendment to the asset purchase agreement (APA) proposed for Grandparents.com. The amendment notes, “The definition of ‘DIP Loan’ appearing in...
View ArticlePremier Exhibitions Bankruptcy Exclusivity Extension Sought
Premier Exhibitions filed with the U.S. Bankruptcy Court an amended motion for an extension (with the consent of the statutory committees) of the exclusive period during which the Company can file a...
View ArticleMarsh Supermarkets Chapter 11 Bankruptcy
Marsh Supermarkets, LLC (f/k/a Marsh Supermarkets, Inc.) and 15 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 17-11006...
View ArticleHancock Fabrics Bankruptcy Extension Sought
Hancock Fabrics filed with the U.S. Bankruptcy Court a motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances through and including June 30,...
View ArticleSunEdison Bankruptcy Objections Filed
Multiple parties – including Westchester Fire Insurance Company, Omega, Glenview, the “Cobalt Entities,” the Court-appointed lead plaintiff of the Municipal Employees’ Retirement System of Michigan and...
View ArticleAdeptus Health Bankruptcy Objections Filed
The U.S. Trustee assigned to the Adeptus Health case filed with the U.S. Bankruptcy Court separate objections to the Company’s motions to retain DLA Piper LLP (US) as special counsel and Houlihan Lokey...
View ArticleCiber Bankruptcy KEIP, KERP Approved
The U.S. Bankruptcy Court approved Ciber’s key employee incentive plan (KEIP) and key employee retention plan (KERP). As previously reported, “The ‘threshold’ KEIP Payment is not earned unless the...
View ArticleFirst NBC Bank Holding Chapter 11 Bankruptcy
First NBC Bank Holding filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Eastern District of Louisiana, case number 17-11213. The bank holding company is represented by William E....
View ArticleExcel Corporation in Default
In Form 8-K filed on May 11, 2017, Excel Corporation received a written notice from GACP Finance Co. that it was in default under the terms of the Loan and Security Agreement dated November 2, 2016....
View ArticleKaty Industries Chapter 11 Bankruptcy
Katy Industries and 13 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 17-11101. The Company, which manufacturers,...
View ArticleUS Dataworks DIP Financing Approved
The U.S. Bankruptcy Court approved US Dataworks’ debtor-in-possession financing motion. As previously reported, “The Debtor has obtained a commitment for a fully underwritten $150,000...
View ArticleOptima Specialty Steel Exclusivity Extension Approved
The U.S. Bankruptcy Court issued an order, with revisions, approving Optima Specialty Steel’s motion to extend by 90 days its exclusive periods to file a Chapter 11 plan and solicit acceptances thereof...
View ArticleGolfsmith Exclusivity Extension Sought
Golfsmith International Holdings filed with the U.S. Bankruptcy Court a second motion to extend by 120 days its exclusive periods to file a Chapter 11 plan and solicit acceptances thereof through and...
View Articlerue21 Chapter 11 Bankruptcy
rue21 and three affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Western District of Pennsylvania, lead case number 17-22045. The Company, which retails...
View ArticleCosi Completes Bankruptcy Reorganization
Cosi First Amended Joint Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on April 25, 2017. BankruptcyData’s...
View ArticleWestech Capital Disclosure Statement Filed
Westech Capital’s Chapter 11 trustee filed with the U.S. Bankruptcy Court a First Amended Disclosure Statement related to the trustee’s Chapter 11 plan. According to the Disclosure Statement,...
View ArticleAdeptus Health Equity Shareholders’ Committee Sought
Creditor Wexford Spectrum Investors and Debello Investors (collectively, “Wexford”) filed with the U.S. Bankruptcy Court an expedited motion to appoint an official committee of equity security holders...
View ArticleNephroGenex Bankruptcy Reorganization Plan Summarized
BankruptcyData’s detailed analysis and summary of NephroGenex’s Plan of Reorganization, dated May 5, 2017, is now available. The U.S. Bankruptcy Court confirmed the Plan on May 10, 2017; however, an...
View ArticleGulfMark Offshore Chapter 11 Bankruptcy
GulfMark Offshore filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, case number 17-11125. The Company, which provides offshore marine support and...
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